SEC Form 4 · accession 0001553350-18-000066
BASANITE, INC. · BASA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Edward A Cespedes
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jan 5, 2018
Accepted (ET)
Jan 23, 2018 · 2:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001448705
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 5, 2018 | P | 1,000 | $0.498 | A | 14,036,392 | D | |
| Common Stock | Jan 5, 2018 | P | 100 | $0.499 | A | 14,036,492 | D | |
| Common Stock | Jan 12, 2018 | P | 700 | $0.545 | A | 14,037,192 | D | |
| Common Stock | Jan 12, 2018 | P | 400 | $0.55 | A | 14,037,592 | D | |
| Common Stock | Jan 12, 2018 | P | 100 | $0.60 | A | 14,037,692 | D | |
| Common StockF3,F1 | Jan 23, 2018 | G | 30,000 | — | D | 14,007,692 | I | See footnote |
| Common StockF3,F2 | Jan 23, 2018 | G | 20,000 | — | D | 13,987,692 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents gift of shares to an unrelated third party. Gifted securities held by Edward A. Cespedes Revocable Trust Dated August 22, 2007 ("Cespedes Trust"). Edward A. Cespedes is the sole trustee of the Cespedes Trust.
- F2Represents gift of shares to an unrelated third party. Gifted securities held by Edward A. Cespedes Revocable Trust Dated August 22, 2007 ("Cespedes Trust"). Edward A. Cespedes is the sole trustee of the Cespedes Trust.
- F3Not applicable.